Business welcomes Coalition’s support for the National Energy Guarantee

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“Coalition members have demonstrated their strong support for a policy which will help boost much needed investment in the energy sector and in turn put downward pressure on prices for households and businesses.

“This is another step in the right direction but there is more work to do.

“We call on state and territory leaders to now get on with the job of implementing the National Energy Guarantee by releasing the draft legislation.

“It’s up to Victoria and Queensland, along with the other states and territories, to stop playing political games with people’s power bills.

“COAG Energy Council must stop dithering and finally act to end the decade of dysfunction that has plagued our energy sector.

“Today’s result means we are closer to implementing a coherent, durable national energy policy which would help prevent the risks of volatile electricity prices and inadequate investment, but only if state and territory governments step up, put politics aside and do what is in the interests of all Australians.

“There is no doubt that it will be households and businesses that will pay the price if our political leaders continue to play politics with energy and climate change policy.”